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assets help?

in the forms it asks about assets that are worth money,my main one is motorbike worth about £2500 but have other stuff but would say not worth a great deal iff went to auction but stuff was paid for on cards do i liist it all?
laptop £200
shotgun £300
pc £400
ps3 £100
bike leathers£150

Comments

  • fiveyearplan
    fiveyearplan Posts: 10,145 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    The only asset there is the motorbike. I'm not sure if you need to list the shotgun or not but certainly don't need to list any of the other stuff or any other household goods.

    I put nothing down on the asset section.

    :j :j


  • my main worry is i dont want them to think im a lier if i dont list them and end up in trouble,i have a firearms cert and this would be at risk if i got a criminal record for not declairing items
  • fiveyearplan
    fiveyearplan Posts: 10,145 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    But they aren't interested in those items so it isn't lying. Your laptop and pc wouldn't be worth £50 each and the ps3 I doubt you'd get £30 if you tried to sell it.

    :j :j


  • debtinfo
    debtinfo Posts: 7,012 Forumite
    Hi Paul, you need to mention the motorbike and the shotgun, The rest will just be automatically exempted, the reason you need to mention the Shotgun is because of the liability not becauseit is worth anything. The OR should check that that you have a liscence before they exempt it
    Hi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
    Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.
  • many thx every one will defo mention bike and gun last ling i want is any criminal record and risk loosing my fac
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